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create the statement of statement of changes in equity, and show a final version of it corp taxes expense corp taxes payable Interest expense Accrued
create the statement of statement of changes in equity, and show a final version of it
corp taxes expense corp taxes payable Interest expense Accrued Interest Insurance Prepaid Insurance Intellectual Property (IP) Accum amortization Amortization of IP Total Make the following Journal entries a) Depreciation - straight line 10 years on ending balance b) Corp tax payable 20% on Income before tax c) Interest on the bank loan 6% accrued but not paid till Jan 15, 2022 d) Insurance paid on 9/1/2021 $1200 for one whole year e) Amortization of IP is 10 years straight line on ending balanceStep by Step Solution
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